RATE Group | Happy birthday Bitcoin! Celebrating the life of a remarkable 11-year-old
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Happy birthday Bitcoin! Celebrating the life of a remarkable 11-year-old

Happy birthday Bitcoin! Celebrating the life of a remarkable 11-year-old

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On this day, 11 years ago, the first Bitcoin block (known as the genesis block) was mined by its mysterious creator Satoshi Nakamoto.

Through Block#0, Bitcoin was officially born. Let’s take a look at the crazy ride it’s taken us on throughout its short and remarkable life so far.

Happy birthday Bitcoin! Here’s to the next 11 years

On Jan 3 2009, the first Bitcoin block was mined. You can see it on Block Explorer here. The block contains one transaction only, which is the 50 BTC reward Satoshi received for mining it. 

Today, 11 years later, there are now more than 18mn bitcoins in existence and the price per Bitcoin has catapulted from almost zero to more than $7,300

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